RWANDA – The Board of Directors of African Development Bank Group has approved a US$8.9 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project.
Two power plants are already in operation: Ruzizi I produces 29.8 MW and Ruzizi II, 43.8 MW; a third, Ruzizi III, with a projected 147 MW output is under development with Bank support.
The project will provide electricity to millions of households, as well as small and medium-sized enterprises and industries, thereby improving the living conditions of the regional population.
Batchi Baldeh, the Bank’s Director for Power Systems Development, said; “The African Development Bank played a major role in structuring and raising financing for Ruzizi III, and the lessons learned will be used to successfully develop and implement Ruzizi IV.
The US$8.9 million grant approval follows a US$980,000 grant approved end-2018 by the New Partnership for Africa Development’s Infrastructure Project Preparation Facility (NEPAD-IPPF), which is a multi-donor Special Fund hosted by the Bank, to co-finance this technical assistance.
Ruzizi Hydropower Plant Project IV meets the goal shared by Burundi, DRC and Rwanda to optimise the exploitation of their energy resources by integrating electricity generation, transmission and distribution infrastructure.
Ruzizi IV also aligns with the Bank’s High 5 priority to “Light up and power Africa”, as well as the Bank’s strategy on regional integration, and specifically, development of regional energy infrastructure.